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Dyeing Printing & Finishing

Anscott To Acquire Lyntech

Anscott Industries Inc., a Wayne, N.J.-based producer of such textile care products as cleaning technology, detergents, finishing agents and filtration systems, recently signed a letter of intent to acquire all outstanding shares of Lyntech Industries Inc., a Paterson, N.J.-based manufacturer of specialty chemicals such as textile auxiliaries and preparation chemicals.As part of the agreement, Anscott will acquire Lyntechs reaction-capable production plant and laboratory, enabling Anscott to produce raw materials and finished products, improve production costs, and maintain high-quality products and customer service.

December 2003




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